Liberty Media to spin off assets; CEO Greg Maffei to step down at year-end
In this article, Liberty Media announced on Wednesday that it is spinning off most assets, excluding Formula One auto racing,…
Category: Media
Comcast stock falls after company underwhelms in broadband, Peacock subscribers
Comcast exceeded Wall Street’s fourth-quarter estimates despite facing larger-than-expected losses in broadband subscribers and stagnant growth in paid subscribers for…
Comcast to launch Universal Ads in bid to win smaller advertisers
Comcast has announced plans to introduce a new advertising platform aimed at simplifying the process for smaller businesses to purchase…
NBA, Warner Bros. Discovery agree to settle lawsuit over live game rights
Warner Bros. Discovery has agreed to cease its pursuit of owning a package of live National Basketball Association (NBA) games…
Fox reveals plans to launch subscription streaming service this year
In this article, Fox Corp. has announced its entry into the direct-to-consumer streaming market. The company, recognized for its news…
Disney to combine its Hulu+ Live TV with streamer Fubo
In this article, Disney and Fubo have announced a merger that will combine Disney’s Hulu+ Live TV service with Fubo,…
DirecTV says Dish purchase is off
In this article, DirecTV is discontinuing its acquisition of Dish assets due to a group of bondholders declining the terms…
Ad revenue should stabilize for media companies in 2025 — if they have sports
The advertising market is expected to have a positive momentum heading into 2025, particularly for media companies holding sports rights…
Disney, Fox and Warner Bros. Discovery call off Venu sports streaming service
In this article, Disney, Fox, and Warner Bros. Discovery have announced the cancellation of their plans to launch the sports…